Why did JPMorgan Chase&Co prioritize institutional clients for PCs?
In such a scenario, JPMorgan Chase & Co. could face significant liquidity pressures and a heightened risk of being unable to fully fund PCS-related obligations for all our clients, which may result in a prioritization of PCS activities for our institutional clients.
Will JPMorgan Chase&Co’s resolution plan be activated?
While it is unlikely that JPMorgan Chase & Co. will activate its resolution plan, it is important for you to consider the impact of such disruptions to your business operations in the event intraday credit lines are reduced, uncommitted intraday credit lines are adjusted downward or alternative contingency arrangements are invoked.
What type of malware does JP Morgan have received reports of?
J.P. Morgan has received reports of fraudsters successfully installing on clients’ computers malware that requests the user to make multiple login attempts, enter token codes multiple times as part of the login, or asks the user to have someone else login from their machine.
What is remote capture?
Remote Capture is J.P. Morgan’s remote deposit platform providing desktop and mobile scanning capabilities that can be customized to meet the needs of your receivables collection process. Remote Capture enables you to capture and transmit checks, full page documents, coupons, remittance items and envelopes.
How many drivers are needed for remote capture?
Using Remote Capture with one of the supported desktop scanner models requires the installation of 2 separate drivers. Depending on your desktop configuration you may need administrative rights to be able to install the drivers.
Can you see a transaction in Virtual Remit?
You can view the transaction details and see captured images. You can also search using Virtual Remit's standard search tab in Receiva bles Edge. Deposited items can be searched by a wide range of criteria from one month up to 10 years-- credit date, process date, check or payment number and amount, whether the transaction was scanned or captured via desktop or mobile device. With Receivables Edge, you can download the search results in CSV and generate a spreadsheet to meet your reporting needs.
